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    HomeNewsBusinessEarningsGujarat Pipavav Q4 net seen down 9%, realisation may aid revenue

    Gujarat Pipavav Q4 net seen down 9%, realisation may aid revenue

    Operating profit (earnings before interest, tax, depreciation and amortisation) is also likely to fall 7 percent year-on-year to Rs 105 crore and margin may contract 70 basis points to 59.2 percent in January-March quarter.

    May 19, 2016 / 10:42 IST
       
       
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      Gujarat Pipavav Port's fourth quarter profit is seen falling 9 percent to Rs 61 crore and revenue may slip 6 percent to Rs 177 crore compared to corresponding period of last fiscal, according to analysts polled by CNBC-TV18.

      Operating profit (earnings before interest, tax, depreciation and amortisation) is also likely to fall 7 percent year-on-year to Rs 105 crore and margin may contract 70 basis points to 59.2 percent in January-March quarter.

      Analysts say higher realisation may support revenue and they expect spike in tax cost.

      first published: May 19, 2016 07:42 am

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